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Showing 431 - 440 of 6535 results for "Exchange"

Perpetual restructures asset management leadership, regional chiefs exit

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
... $212.1 billion, doubling since the Pendal acquisition. However, despite favourable market conditions and positive foreign exchange rates, the asset manager also experienced $8.1 billion net outflows. "Whilst our net outflows for FY23 were disappointing ...

JPMAM launches two active ETFs

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
J.P. Morgan Asset Management has unveiled two active exchange-traded funds (ETF) that will be available on Cboe Australia. JPMorgan Income Active ETF (JPIE) is an active fixed income strategy aiming to generate consistent income with lower volatility ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... 20 years of experience in financial services to the role, most recently serving as chief executive at corporate bond exchange company XTB. Prior to that, Howie spent nearly a decade at BlackRock as its managing director, head of index equity APAC as ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking a 3.4% decline. ASX ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... website, which also promotes trading courses that train traders "how to use our specialised trading robots to trade foreign exchange, commodities and international shares". "I decided to became [sic] a financial adviser in 1989. Since then I have been ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From at least 2019, the 11 firms admitted they used ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
Mayfair 101 says ASIC has rejected seven Freedom of Information requests in relation to its investigation into the private equity firm, one within six hours of its receipt. The embattled group said the first FOI request was made on June 20, followed ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... governance of the CHESS replacement project." ASX managing director and chief executive Helen Lofthouse reinforced that the exchange remains deeply committed to its engagement with stakeholders. "We value a constructive and collaborative working relationship ...

State Street brings Fund Connect ETF Portal to Australia

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... Street has introduced its Fund Connect ETF Portal to the Australian market, facilitating the creation and redemption of exchange-traded funds (ETFs), acting as a central platform for accessing issuers. State Street flagged in May last year that the platform ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... lends itself to cohorts in the high-net-worth space. "We expect with the delivery of international equities, foreign exchange, margin lending and unique wholesale options, Edge will be able to tap into other parts of the market," Quirk said. Another ...